Michael Foods - Processing & Cold Storage | 4420 E 36th St
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Michael Foods - Processing & Cold Storage 4420 E 36th St
115,000 SF Industrial Building Yuma, AZ 85365 $40,355,507 CAD ($351 CAD/SF) 6.65% Cap Rate
Investment Highlights
- Mission critical facility for production of peeled, hardboiled eggs sold through multiple retail channels throughout the United States
- Customers include Kroger, Publix, Costco, Safeway and numerous others
- Michael Foods, a Post Holdings, Inc. company, acquired Almark Foods in 2020. Post provided a full guarantee of the lease.
- 52 million consumers within a 10 hour drive of Yuma
- Significant tenant investment in proprietary, state-of-the-art German-made machinery and equipment at the subject property
Executive Summary
GUARANTOR SUMMARY
Leading Consumer Packaged Goods Company with a Diverse Food Portfolio
Post Holdings, Inc. is a consumer packaged goods holding company that operates a diverse portfolio of food brands, focusing on both the retail and foodservice sectors. The company’s product range spans across categories such as cereals, nutrition, frozen foods, and egg products. Post Holdings owns well-known brands like Honey Bunches of Oats, Grape-Nuts, and Malt-O-Meal, alongside foodservice brands such as Michael Foods and Bob Evans Farms. Through its strategic acquisitions and investments, Post has built a broad portfolio that delivers high-quality, innovative food products to consumers across North America.
Post Holdings is dedicated to driving growth through operational excellence, innovation, and sustainability. The company is committed to maintaining a strong presence in both branded and private-label markets while continually evolving its portfolio to meet the changing needs of consumers. With a focus on delivering nutritious, affordable, and convenient food options, Post Holdings continues to enhance its leadership in the food industry while prioritizing environmental responsibility and community engagement.
TENANT SUMMARY
Innovated Food Offerings Since 1987
Michael Foods, Inc. is a leading provider of food products, specializing in the production of high-quality eggs, dairy, and potato-based products. As a subsidiary of Post Holdings, the company serves a broad range of industries, including foodservice, retail, and food manufacturing. Michael Foods is particularly known for its innovative approach to providing wholesome, sustainable, and nutritious ingredients to its customers. The company operates through well-recognized brands such as Simply Potatoes, Egg Beaters, and Bob Evans Farms, catering to diverse consumer needs with both branded and private-label products.
With a strong commitment to quality, food safety, and sustainability, Michael Foods focuses on delivering products that meet the evolving demands of today’s food industry. Their portfolio includes egg products, refrigerated and frozen potato products, and a variety of other ingredients used in both retail and foodservice applications. The company prides itself on its operational excellence and dedication to sustainability, focusing on reducing its environmental footprint while supporting local communities.
Leading Consumer Packaged Goods Company with a Diverse Food Portfolio
Post Holdings, Inc. is a consumer packaged goods holding company that operates a diverse portfolio of food brands, focusing on both the retail and foodservice sectors. The company’s product range spans across categories such as cereals, nutrition, frozen foods, and egg products. Post Holdings owns well-known brands like Honey Bunches of Oats, Grape-Nuts, and Malt-O-Meal, alongside foodservice brands such as Michael Foods and Bob Evans Farms. Through its strategic acquisitions and investments, Post has built a broad portfolio that delivers high-quality, innovative food products to consumers across North America.
Post Holdings is dedicated to driving growth through operational excellence, innovation, and sustainability. The company is committed to maintaining a strong presence in both branded and private-label markets while continually evolving its portfolio to meet the changing needs of consumers. With a focus on delivering nutritious, affordable, and convenient food options, Post Holdings continues to enhance its leadership in the food industry while prioritizing environmental responsibility and community engagement.
TENANT SUMMARY
Innovated Food Offerings Since 1987
Michael Foods, Inc. is a leading provider of food products, specializing in the production of high-quality eggs, dairy, and potato-based products. As a subsidiary of Post Holdings, the company serves a broad range of industries, including foodservice, retail, and food manufacturing. Michael Foods is particularly known for its innovative approach to providing wholesome, sustainable, and nutritious ingredients to its customers. The company operates through well-recognized brands such as Simply Potatoes, Egg Beaters, and Bob Evans Farms, catering to diverse consumer needs with both branded and private-label products.
With a strong commitment to quality, food safety, and sustainability, Michael Foods focuses on delivering products that meet the evolving demands of today’s food industry. Their portfolio includes egg products, refrigerated and frozen potato products, and a variety of other ingredients used in both retail and foodservice applications. The company prides itself on its operational excellence and dedication to sustainability, focusing on reducing its environmental footprint while supporting local communities.
Property Facts
Amenities
- Cooler
- Storage Space
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PROPERTY TAXES
Parcel Number | 697-42-003 | Improvements Assessment | $2,326,444 CAD |
Land Assessment | $149,643 CAD | Total Assessment | $2,476,087 CAD |
PROPERTY TAXES
Parcel Number
697-42-003
Land Assessment
$149,643 CAD
Improvements Assessment
$2,326,444 CAD
Total Assessment
$2,476,087 CAD
zoning
Zoning Code | 5 |
5 |
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Michael Foods - Processing & Cold Storage | 4420 E 36th St
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